Over a 34-year period an asset had an arithmetic return of 12.2 percent and a geometric return of 10.1 percent. Using Blumes formula, what is
| Over a 34-year period an asset had an arithmetic return of 12.2 percent and a geometric return of 10.1 percent. |
| Using Blumes formula, what is your best estimate of the future annual returns over 4 years? 8 years? 17 years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Future annual returns | |
| 4 years | % |
| 8 years | % |
| 17 years | % |
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Authors: Glen Arnold
2nd Edition
0273726560, 978-0273726562
